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<br /> -�;;� �ir�aK m.y.a►aay wRe�co�ena naa F+,na.h m anwu►e na co.a«a en�nwamusn smount a Mnd�r ro�•t�+n�niaMd morq.e� _
<br /> . . • loon may reRuYe ta Batrew�fe tacra�+ eeeount�nd1r tM Mdeta��1�u SrdlertNnt Proaad�cns Aot of t�f4 a�em�dsd trom thw to �.-.
<br /> - thw.t2 U�A.EOOt a�q•(`�A'}� ���°a c.�t-+x !!s��S t�tt�s Fun6a wu a fo�s�r amount I}a��tsnds►nay�nt eny tbna, [�:�_",
<br />.���-'�� coM�at wnd hob FLnds h �n �rnount not ta ac«d tlw l�tsK �mount Und�m�y�t�r�tt�f amount o! Nnds du� on th�ba�t� ot �;,.
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<br />- cumnt d�L utd nst9mbl�KtimalM aA�ndAw�of Ntun Eserow 11rea at ott�wla b�eoadmc�wRh�FPIoabM kw.
<br />�y��' Th�Fund�sh�Y bs hWd h �n tr►ttip�ion whot�d�Pc=b ir�hsund by a hd�ral apMtor.hshummttl�lb or�n1Kf►(haLdhq I.endr.N �It."=`
<br />_.;- - I.rrtdu M sunh�n InstiOuNon)or b�nY F�al Honw Lan B�Nt. L�ndrr�htM�ppy th�Rund�to pay tM�oro'N tOmts. L+�tdu rnq�ot __::_
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<br /> .; ,..� oh� t3atro�::�tor holdtni!e»�I �9�h�0 tAs Fw�.�nnuaN RmMr1n0��w �caounL a vKNYt�th�F.t�row Items� wws LenWr
<br /> ` ��. I�w l.�dK to t�r�waA a otw9�. Mowsv�r.tan�r m4y��Lo Qarro:::r to �,._._
<br /> _���q p�ys gprtpvwr htwst an th�Fund��td�PD�M �� _.
<br /> O�Y i oMdhM Ch11Q�fOr ifl ifld�P��t(Ml Kbtb f�1t(�ORMPO�/fV�C�4Md bl►LMIdK N QOflfiMiliDil w�1 ME�bQlr unlKS�pp�bM�0 �,-:_;
<br /> ��� provtd�s oth�rwiw. unM�s sn iqrwrrMnt k mad� or rpptwbw law nQutrM hlwat to W D�� t:�rtdu ahel not M ++�4�Ind to pq
<br />°"--�� BoROwar�nY Yttsnst ot Munhps an th�FunOb 8ortow�r�nd t�ndlr In�y�0►M h wr�Yg�hew��that hESa�t�ha!0�pat0 a�tM Fundr. �,-r
<br /> �y ' I.KtdU sAall QNO t0 B01fOwx�wlthout ahrp��n annual�ecoa►tUD of th�Fund��sAOwinp atMdits vtd O�Ob o�d�Fund�an�th�pWpo�+ %.-,
<br /> ='_"`� tor whlah onoh debt to tM Wnds v►a nyd�. TM Fund��n Prdp�d u addtioed wcwl!►tot aN w�Ncur�tt by thM 6�curlf Msaurt�nb „-.:.
<br /> '�' If Mo Funds hNd by LMtdar�r,Md th�Mnounb 0��to 4� ?Ntd bl►�pP� �w� LandM sM� �ount to 8orrovnr lar tM l��s
<br />���� �t Furtd�M �oaord�nc�wM tlN�equr�4s of�PPic�b�rw. p th��t+In wo��lortowor 1�1 Pay to Lsntla wnount
<br />-':''�� ro ar t1»�+w n.n�wnm au..unaa m.r .o�ou�► earo,w► h w�r+�+o� __—
<br /> .--� n�e�ary to m�k�up tlw dMlaMnaY• oorrawM �hdi enMa uP Nw dMoO�na�v h oo moh tMn twN+�nio�MNN P�SR�M+u� at L+IndN�soM __
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<br /> UP� W�1 In lu/ of v wmt No�+r�d b1►thM S�ouAlr fnsinrnwN�L�ndrr�hW P��b�d l0 8arow�t �ny Fund� MIa 01►
<br /> —= I.�nNr d.undw prapr�6��� ��t�!scqsste o�eell tM R+�rty.tandu�Prbr to th��aqul�t�n or MN of th�F�o�q►�thrl�ppt/ `
<br /> �..!-a• �ehr Funde Mid by I.�nO�t�t tlw tbw of�aWl�Rion or W�a�and�p�►+tt tM surt�t Ncu�d b�r tHM B�euPR�►klsbWU�+G
<br />_=a,:�,� 3.Appttai�tlon Ot P�M�t�. unl�s�o0�a��w prar�ottwwUt,a�P�ri�t�noMr�d br Lmi�dor un0�r Pu�OnPh�t �n0
<br /> p shv b��PP��� !o m�► OnO�ll�+�o��dw w►d�r tM Nolr.eroond�tn�n�b P�f��bM undK p�ro0npr�thlrE to Mt�t
<br /> -_'�'i du�tourth�to P�'����nd lab to�n1►yM o►wr0�dw und�r th�Nor.
<br /> 4.CI1K��i'i L.I�PI�.Borroww sla�pyt aM tlur�s,atslssrtMnb�ohMpM�1bM�nd ImposRions sttrbufabw to tIN PnDprty whbh mr
<br /> �� atbY► pbrt�►ow►MN 6�our�f► In��artd Ua�hotd Pqrm�►ts a �d�b� M my Ba�O►wr atW P�l► H� ob�tb�s M th� _
<br /> ' �nanMr pro�rid�d h W�Ph ?.a r no! P� h that rnnrNr,earrow.►sn�ar �oo a� ar.anr co �w v�o� ow.a ar�
<br /> Bortow�r sM1 peompty himkh to lend�t a1 nodas of �tiount� to b� 0� undK thi� O+d�Q�. K 8orrow�►ireak�s tMw W�
<br />� — dlnctlY�Ba►oww shaM aomplb iumNh to LaiO�n c��pri �rid�+O�'�0�W1�b'
<br /> �°= earowa Qew w'�^AtN��any Mn wnbn n�s a�oAt�r ova mTt 8.curlh►tn�trurtw�rPC n�n�oss Barow�:t�)•0���co ui.
<br /> .,° PaptlQd Of tlM Ob�tb� EI��b� � whbb YI �10t1 O�iM lO3P�M�It t�MItOfC�ItNf►t Ot t�N M1;Of(���i�Ql1�M tlOrtl
<br /> -�.;�;:� M1101CM�MIt 0!th�MII Nr�P��
<br /> ths hoWrr ot tlie Yn m�prw��ant�atlt�ta�1► to t:�ndK wbordirwth0lM Mn to MI�SrcuAp insburw�t R t,�►dr dMwmMas th�4 mr
<br /> —_- pwt ot tM ProP«� Is subl�o!to a Ien whbh msy atml�► Prbrih o+�thi�S�oixll►Intbun�nf.I�ndK my►ai�6arowr a rtotio��d�0
<br /> ---:`�� th�Yn. 8ortovwr shd�tltt�►tM Nn or filu on�or man ot tM aotlons Mt IaM�bo�wlhM 10 d�ys of tM f��noNa�.
<br /> '�`� 6. Hmrd or PropKly 1tlsttranCl. eorrowK snaY kMP tM Is�prav�rt�nb �►��a h�MtMr�ncNd on th� Ptoo�rt�►
<br /> -- bwtrd�peY��t bq br lin, hwrd� Nottd�d vrMh tM Mm� '��d1d covw�'and�nr athu h�ardh Naltdhp tbodo ar 1bod��0�(or
<br /> -- --- vvhbb I.Mtda�qurM Insurrto�, TAts MsunM�a�e1W b�mttttaYMd h ttN�rn0unt�and tor ttr pAod�t�t I.M16�hqu1�- 7M inMKano�
<br /> -- o,�r vr�wdr,� a�. „su�+oe �nu a o�oan e�r eoROw« w�o�eo u�+dr• �va� •�c�+ snu eos.a u�.�y �a+n+b. e
<br /> �= Bot►owK NM� to mahp�M� cw�rlq� d�ad +bow.tand�r mty�tt t+md�ts oP�•odR�ln co�wq�ta P��undora �ipfN�in th�
<br /> _' �'�1 h�nw w!h P�nOnOh 7'
<br /> � I11 bsurra�00��n0�wal�stnl be�odplWw to tnndu and�tW Inetud�a st�ndrd n+apA�� NrtdK s�W h�v�M�
<br /> rfpM to hokl tM P�w��d�M. M LandM t�q�1�80�0�Ma�P��b 9��La�►dM d na�ts ot P�P����nd t�Mws�
<br /> noUc� In tM Mnt o!1o�s. Hortow�r shtl pM promPZ eotie�to tIN inwrar�C�nir and t+�ndrr. LNnar nxy m�k�p�oot of kt� M not
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<br /> UnMis Lsndu �nd BOrtOw�►otMwla�PM „ r►+RMO� MWa1ra� Or�� �bo �PPMd t0 rutontlOn ot oWM ot th�P�'oP�f►
<br /> deerad� M tbe nstaaUon or np� 1� �aonon�cal�l Iwbb md L�nd�� Wcu��► t� not f�=�I. M tl»naaRtlon ot np�M�t nOt��
<br /> _ econanlQalY t�a�bl�a tnd1�Wcwb would b�I�sfenrd,tlr bwr�Ora��h�b��PP�to tfM aur�s aeund b�r thi�6a�a�ity
<br /> tMtninNnt�wtaU�a no!tArn dub��1►�ss pal�to Barow[r. M BarowK�bar�dons th�Frop�ty.a doM oot answ�r wMh 10
<br /> ' eYys �norio�kam t,�rKirr�'�2 ttor rwtora P�op�rtf' a�D�I► wms nCUnd sy M�S�b tnsWm�rt�wAatMr or not�dw.Tt� �
<br /> m reuf► u�th�proopd� �
<br /> __ �y P��wp p�prt v�rlNn tM notio�ts QMrt.
<br /> r.�_ UnUas L�ndK and BorrowK oflNrwiW�pnw b wrilhp,�ny�POMatlon ot Pi� �O�p�afial not abnd ot Poslporn tM�
<br /> -- �acqutad by t�nd�r�8arowls�Oht to� Intur�no�PnbW and Pr�����d��to tfN Prop�h P�� ��d0^
<br />--°-s-`:•;�'� sht�paas m L+�ndw lo tM�odmt of th�sums aaund Op Nts S�cudf►kntruc�nt tnrMdrby p�la to ths�qukRion.
<br />_.��� 8. OeeuP�noY. P►+serv�ta�� N�ntensnos �nd ProZsc�lon ot th� P�operhr, Bornowar'�taan AppUc�tlon: _
<br />�a—� I.�E�LfOh01d�.9o�rowK thall oOOUPr��st�bfoA�artd us�tlt�PropNty af Barow�a RtYte�l t�idmc�wkhb ebd!►daYs ot01r ths awoudoa =.
<br /> — — of tha 8�ow'l�►lnstrummt and�hv aonthu�to ooa�Pf► tho Propeely as Bcmow�s pt�aql ns(d�nc�tor at Ma!ohs YNr afEr tM d�ot
<br />..;:,'`'-- ocovptno�r�uniat Lend�ot�w�+w�prM�h w�tM�p.wt�ioh oant�nt shat not b�wu�sanabN wMhMd.a unNts�ommuatti►Q o1�c+rnst�w�s _
<br /> �St wh@h�b�1l8nd 80�rovit�t a0ntro� Batr4re�r sf�d not dMtroy d�►n�0o a h+p�r�Frop�Ay►abw tha P►o0�rly to O�DMbnU,or s..
<br /> aanmR wafte on tM Prop�b• Bonow�r�ha�b� b d�taW •�ny to►tMun�odon or proc�dUp� wh4thK oNA or cdmin�.is DeWn ltnt In k
<br />_ 'y' ' Land�fa O�d hIM NdprtNnt ooutd asuk b taNkur� of tM Prop�rh or Oih«wta rtu�Atly Ynpat th� Mn on�Ud br tAA Seourkf► �
<br /> _- - _. ---- ......w Mr�.d. eeern,rr mav cun auoh �l dNaut�n0 nha��s Provid�d b P�taOnPh iB.bY CtuNn�tM totbn
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<br /> ,*M;:� . or procsedt+0 to b�dtamt�aod wlth a rufh0 th�t, b lsnd�s Oood talth d�minadon.prwludM torPikun of tti�Bortovnrs nurac o ms �,
<br />��`•�;'��: " ' RtOF�!►Or Other mlE�tW tmWtnNnt of tM YOn o�atld bp thk SrourMfl kls4ntnMt►t Ot 6,�ndlrs aloutltl►ht�L 9onOw�t shar WO bo b
<br /> �:.�„1 , Nottbn Prowu.pw nrl�itN!►1ttM or ku�c0urab htotmatbn a s4tNn�nb to Lender(ar taY�d to !
<br />°`, �,.', detauk N Bomow�r.dufip tlt�b�n app :
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<br /> :i;.Y,.�,• Provid�t�nd�r wkh b7y mat«W MtomKHon)In aonn�otbn wltA th�ban Nid�d by Mo Not�,Y�aludhp�but not�nR�d to�nPr�n� ��
<br /> :�.:�.�; _ . n000eml�+0 �wra ooauP�1►of ths P►W�►1► ��P��1 nNdMa�. M th4&cariq► Inthu�eant k on a baaaAotd. Borrow+�fhaA .
<br /> ;���.��•, oompN wlth a1 th�P�tons ot tM Ma�. It eoeovr��a4�h�s fr tkN to th� Props�tY.tM bwhoW and tM tM tSM afur eot mKp� .
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